Five Questions to Ask when You're Buying a Condo
1. When was the building built and/or renovated? You can expect different maintenance issues based on the age of the structure. 2. Has there been (or will there be) work done to the building? It's important to know about recent improvements and/or upcoming projects. 3. What percentage of the building can be rented? If you think you may use the property as a future rental, it's best to know the condo rules. 4. Does the association allow pets? If so, is there a quantity or weight limit? 5. Is the building managed by the unit owners or by a management company? Self-management can be cheaper, but responsibility can weigh more heavily on unit owners. © 2008 PERL Mortgage Inc.  Dean Vlamis
Top 200 Originator 
773.413.6256
dean@perlmortgage.com
www.deanvlamis.com
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